Bucharest recorded over 1,000 insolvency cases during this period, down 12.5% compared to the first seven months of 2015.

 

The Bihor county ranked second, with over 320 insolvencies, down 1.5%. It was followed by the Iasi county, with over 300 insolvencies, up 13.2% year-on-year.

 

Over 10,500 companies suspended operations between January and July this year. The level was similar to the one recorded in the same period 2015. (Source: Romania-insider.com)